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London-based BNPL Opens U.S. Headquarters in Miami

Miami Mayor Francis Suarez welcomed London-based Zilch to the city’s Brickell neighborhood and announced the company is expected to create about 200 new jobs. So reports Local 10.

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BTC Has 'No Future' As Payments Network: Crypto Billionaire Sam Bankman-Fried

Sam Bankman-Fried, who at 30 years old is the world’s youngest crypto billionaire, said he does not see Bitcoin as a payments nor a scaling network. So reports TechCrunch.

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Infinity Ventures Sets Aside $158M to Bolster Start-ups Fintech Infrastructure

Infinity Ventures has launched a $158 million fund aimed at helping develop fintech infrastructure and enable commerce for startups. So reports PYMNTS.

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Coinbase Bankruptcy Disclosure Born of Rules Change, Risk Remains Low, CEO Says

Coinbase's recent disclosure about what happens to cryptocurrency held by the company if it goes bankrupt was due to U.S. Securities and Exchange Commission rules, not because the company is expecting to file for bankruptcy protections, according to Founder and CEO Brian Armstrong. So reports Fortune.

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Dock Growth Round Pushes It To $1.5B Valuation

Brazil-based infrastructure fintech Dock raised $110 million in its latest funding round and now boasts a $1.5 billion valuation. So reports TechCrunch.

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Visa’s Top Fintech Guy Leaving to Lead DriveWealth

Terry Angelos, the global head of crypto and fintech at Visa, is taking a role as CEO of DriveWealth. So reports The Block Crypto.

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SEC Looking to Nearly Double Its Crypto Assets and Cyber Unit

The Securities and Exchange Commission is planning to hire more than a dozen cybercrime experts to combat a growing threat in the space. So reports CNN.

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NJEDA Soliciting Perspectives As It Considers Potential Fintech Center

The New Jersey Economic Development Authority is exploring the creation of a Fintech Innovation Center. So reports ROI-NJ.

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FinovateSpring Back for First West Coast In-person Event Since 2019

Informa Connect’s FinovateSpring will take place Wednesday, May 18, in-person at the Hilton San Francisco Union Square Hotel. So reports Yahoo! Finance.

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AI & Economics: Public-private Partnership Aimed at Forging Sustainable Path

The intersection of finance, artificial intelligence and the responsible development of both was among the chief concerns raised during a joint-venture, public-private symposium hosted recently in Washington, D.C.

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